YEREVAN, March 28. / ARKA /. The market cost of USD against Armenian dram has risen today by 0.83 percentage points from March 27 to 412.90 drams, the Central Bank said. It said also the market cost of one euro fell from 566.72 drams to 566.50 drams and the cost of a Russian ruble fell from 11.58 drams to 11.54 drams.

At NASDAQ OMX Armenia stock exchange the greenback traded today at 414 drams, a 0.49 p.p. rise from previous indicator. A total of 29 transactions with USD worth $4.45 million (equivalent of 1.8 billion drams) were effected today at the exchange. No transactions with euro were made. -0-

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The average market exchange rate of USD against Armenian dram has dropped today by 1.03 percentage points from March 25 to 412.35 drams, the Central Bank reported

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The cost of US Dollar at Armenia’s forex market dropped today by 0.53 percentage points from November 15 to 404.80 drams, the Central Bank said

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The cost of US Dollar at Armenia’s foreign currency market dropped by 0.37 percentage point today from November 11 to 405.06 drams, the Central Bank reported

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Total USD purchasing/selling at NASDAQ OMX Armenia stock exchange slashed by 33.8% to over $7.15 million within September 3-8 from a week earlier, the Central Bank reported to ARKA

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Armenian banks expect the dram to start losing its value against USD in September

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Arsen Sarkisian, the chief dealer of Cascade Bank, predicted today a further depreciation of the national currency to 420 Drams per one USD.

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